Despite slump in property, South Mumbai sees spurt in big deals. South Mumbai, which houses this city’s rich and famous, is seeing a sudden spurt in high value property deals, at a time when home sales here are down — June saw one of the sharpest falls in registration.
In the past couple of weeks, a handful of such deals worth Rs 1,200 crore have been inked or are set to be signed by the who’s who of the corporate world such as the Mahindras, Jindals, Piramals and Runwals.............................................Full Article: Source